NuStar Energy elects new board member

Published 5:44 pm, Friday, March 8, 2013

Grady Rosier, CEO of Berkshire Hathaway subsidiary McLane Co. Inc., has been elected to the board of pipeline company NuStar Energy LP, a San Antonio-based publicly traded master limited partnership.

Rosier's firm, based in Temple, is a $44 billion supply-chain services company for grocery and food-service retailers with more than 80 locations around the world.

Under Rosier's leadership, McLane has achieved significant growth in market share and revenue. He played a key role in the negotiations of the sale of the company from Wal-Mart to Berkshire Hathaway in 2003.

Also, the board of NuStar GP Holdings, which owns both general-partner and limited-partner interests in NuStar Energy, has nominated Jelynne LeBlanc Burley to serve as a board member. The election will be held at the company's annual meeting on April 24 at its corporate office, 19003 IH-10 West.

Burley is chief administrative officer and executive vice president for corporate support services at city-owned CPS Energy.